CGST Commissionerate Delhi officials arrest man for input tax credit fraud of Rs 50.03 crore
The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods
40 Lakh Traders filed GST July Returns till the End of Deadline
As the deadline for GSTR-1 for the month of July ended on 10th October, reports says that out of 65 lakh traders, only 40 lakhs have filed their returns under the new Goods and Services
GST: Department Issues Guidelines for Revenue Comparison for Pre-GST & Post- GST Era [Read Letter]
After five months of roll out of the historic Goods and Services Tax (GST) law, the Government is keen to know the revenue comparison  difference under the old and new tax regime. With a view
GST CASE DIGEST: Significant Case Laws on Cancellation of GST Registration
GST registration is a process by which a taxpayer gets himself registered under GST.The registration granted under GST can be cancelled for specific reasons. The cancellation can either be initiated by the department on their
₹1,44,616 crore gross GST Revenue collection for June 2022; increase of 56% year-on-year
The gross GST revenue collected in the month of June 2022 is ₹144,616 crore of which CGST is ₹25,306 crore, SGST is ₹32,406 crore, IGST is ₹75887 crore (including ₹40102 crore collected on import of goods) and cess is ₹11,018 crore (including ₹
Decriminalization of GST Offences: GST Council Recommends Changes
The GST Council has recommended a few significant changes including the decriminalization of GST offences. The 48th meeting of the council decided raise the minimum threshold of tax amount for launching prosecution under GST from
GST: 50 Crore Evasion unearthed in Uttarakhand
The Goods and Services Tax ( GST ) department in Uttarakhand has detected an evasion of GST amounting Rs. 50 crores by 14 traders in Haridwar. Earlier, 15 teams of the State Tax Department launched
GST Evasion: Raid in 7 Lottery Centres, 11 Arrested
The Goods and Services ( GST ) department has conducted raid in seven online lottery centres wherein eleven persons are arrested for tax evasion by issuing hand-written lottery tickets instead of the printed ones, an official said. The arrest
Govt Likely to introduce Two- Slabs for GST
The Government is likely to introduce two-rate tax slabs instead of the current five- slabs under the Goods and Services Tax (GST) regime, a revenue officer said on Friday. The Principal Chief Commissioner of Central
GST: Form for making Voluntary Payments available in Portal
The GST portal enables the Form GST DRC-03 for making voluntary payments by a taxpayer. The Form enables a taxpayer to make payment voluntarily before issue a notice under section 73 or 74 of the
GST Council waives Late Fee for Some Returns
The 31st GST Council meeting has waived the late fee for some returns such as FORM GSTR-1, FORM GSTR-3B & FORM GSTR-4 for the periods July 2017 to September 2018. According to the recommendation of the GST
DGGI (HQs) arrests Two Persons in cases of Fraudulent IGST Refund Claims
Two Arrests have been made by the Directorate General of GST Intelligence (HQs) in cases of fraudulent IGST refund claims here, today. As per the statement of the DGGI (HQs), the action was taken on
Registration Window Open for GST Practitioner’s Exam
The Government has opened the registration window for the GST Practitioners Exam today. All the eligible candidates can apply for the exam to be conducted on 31st October 2018. The National Academy of Customs, Indirect
GST Council Meet: Amnesty Scheme to Reduce GST Late Fee for Small Taxpayers
The Union finance minister Nirmala Sitharaman chaired the Goods and Services Tax (GST) Council meeting on Friday, has recommended the Amnesty Scheme to Reduce GST Late Fee. In order to provide relief to small and
Essential Goods to Attract Lower Tax under GST: Read the Complete List
The new indirect tax regime in the country is to come into effect from 01.07.2017, wherein fixation of GST rates on the supplies is joint responsibility of the Central and State governments after the approval